WHO MONITORS OUR FOREIGN INVESTORS OPS?
Written by Millennium on May 12, 2019
Many of our so-called investors come to this country with pledges of millions of dollars in various sectors of the economy.
They then externalize millions of dollars in profits from some of these illicit undertakings.
Do we as a country have a foolproof way of ascertaining the exact quanta of funds brought in either as cash or physical goods used as equipment or raw materials in the production process?
I feel that we are being short changed if we have no way of checking these inflows of FDIs.
They could be bringing in little but taking out more thus creating the imbalances which are contributing to the weakening local currency. Someone, please shed some light on this.